Thai online stock trading surges, trumps Hong Kong in popularity

April 2, 2015 4:03 AM

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By Viparat Jantraprap BANGKOK, April 2 (Reuters) - Thailand's military rulers may have thrown a fence around online politics. But in high finance, cyberspace remains unfettered. Internet stock trading has tripled in value as use of mobile devices proliferates among young, tech-savvy retail investors.

Online retail trading surged 239 percent to 1 trillion baht ($30.72 billion) in February from a year earlier, the latest available data from the stock exchange shows. That was the biggest increase since March 2010. Those transactions account for over 40 percent of total trading volumes, up from 27 p...